Saudi Electricity Company invites its shareholders to attend the 26th Ordinary General Assembly (First Meeting) via modern technology (virtually)
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Electricity Company, is pleased to invite the shareholders to attend and vote on the 26th Ordinary General Assembly meeting (first meeting), scheduled at 06:30 PM , Tuesday, 27-06-1445 corresponding to 09-01-2024 , which will be held virtually via modern technology means. |
| City and Location of the General Assembly's Meeting | Through modern technology means, from the Company’s Headquarters in Riyadh (via Tadawulaty System platform) |
| URL for the Meeting Location | www.tadawulaty.com.sa |
| Date of the General Assembly's Meeting | 2024-01-09 Corresponding to 1445-06-27 |
| Time of the General Assembly's Meeting | 18:30 |
| Attendance Eligibility | Each shareholder registered at the end of the trading session, preceding the General Assembly meeting in the Company’s Shareholders Register maintained at the Depository Center, is eligible to attend the General Assembly meeting and as per the rules and regulations. |
| Quorum for Convening the General Assembly's Meeting | An Ordinary General Assembly meeting shall be deemed valid only if attended by shareholders who represent at least a quarter of the Company’s voting shares.
If the quorum required for an Ordinary General Assembly meeting is not satisfied, a call shall be made for a second meeting shall be held under the same conditions stipulated in Article (91) of the Companies Law within thirty (30) days following the date set for the first meeting. |
| General Assembly Meeting Agenda | 1. Voting on the election of the members of the Board of Directors from among the candidates for the next session, beginning on 21-01-2024, for a period of 4 years, ending on 20-01-2028 (Biographies are attached).
2. Voting on the amendment to the Audit Committee Charter (attached). 3. Voting on the amendment to the Nomination & Remuneration Committee charter (attached). |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right. (Mentioning the E-Voting details, if any) | Shareholders are entitled to discuss the topics listed on the agenda of the General Assembly and ask questions.
The shareholders registered in Tadawulaty services may vote remotely on the items of the General Assembly agenda, starting from 01:00 a.m., Saturday, 24-06-1445 corresponding to 06-01-2024 until the end of the General Assembly meeting. Registration and voting on Tadawulaty will be available and free of charge for all shareholders via this link: www.tadawulaty.com.sa |
| Eligibility for Attendance Registration and Voting | Eligibility to register for attendance of the General Assembly meeting ends at the time of convening the meeting. The eligibility to vote on the items of the General Assembly agenda for the attendees ends by the end of votes counting. |
| Method of Communication | Should you have inquiries about the General Assembly Meeting, feel free to contact:
0118077202 , 0118077881 or email: SEC-SH@se.com.sa |
| Additional Information | Shareholders may direct questions and inquiries related to items of the General Assembly during the meeting via the broadcasting link that will be forwarded to the shareholders via Tadawulaty service, the full name of the shareholder should be mentioned, to accept an enquiry. |
| Attached Documents |
Comments